business

Here's a Reason Why Some Are Skeptical of China's GDP

China’s economic data has long been questioned by investors dubious of its elevated official growth. Over the last five years, its gross domestic product growth rate has changed 0.14 percentage points on average each quarter. The mean for the rest of the world’s 10 biggest economies is more than four times that. "We have doubts over the accuracy of the official data, which show implausibly stable growth in recent years," Chang Liu, an economist at Capital Economics wrote in a report Thursday, adding that their in-house data confirmed that China’s economy has indeed stabilized in 2017 after years of slowdown.


Why It's Impossible to Talk About Just One Chinese 'Economy'

china-province-tout

Here's a snapshot of the forces reshaping this continent-sized country


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